Business News

Business

Porsche Faces 8% Sales Decline in Q1 2025, Yet Electrified Vehicles Shine

Porsche AG reports an 8% sales drop in Q1 2025, with significant declines in China and Germany. However, North America sees a 37% increase, and electrified vehicles now represent 3...

Business

Amazon and Airbus Forge Groundbreaking Partnership for High-Speed Inflight Connectivity

Airbus and Amazon team up to revolutionize inflight connectivity using Project Kuiper's satellite network, promising gigabit speeds to meet passenger expectations, with deployment ...

Business

Daimler Truck Faces 8% Global Sales Drop in Q1 2025, with Electric Vehicle Sales Also Declining

Daimler Truck AG reported an 8% drop in global sales for Q1 2025, with electric vehicle sales also declining. Regional performances varied, with Asia and buses seeing growth, while...

Business

Walgreens Q2 Fiscal 2025: Sales Surge 3.9% to $38.6 Billion, Beating Estimates

Walgreens Boots Alliance Inc. reports a 3.9% sales increase to $38.6 billion in Q2 fiscal 2025, outperforming estimates. The net loss decreased significantly, with CEO Tim Wentwort...

Business

Indian Rubber and Tyre Industries Face Challenges as US Tariffs Shift Global Trade Dynamics

The US's 26% import tariff on Indian rubber goods disadvantages Indian exporters against Vietnam and Turkey, prompting calls for production halts and diversification of export mark...

Business

Porsche's Q1 2025 Sales Dip 8% Amidst Global Market Shifts, Electrified Vehicles Gain Traction

Porsche AG's Q1 2025 sales fell by 8% globally, with significant declines in China and Germany but a notable increase in North America. Electrified vehicles now make up 38% of deli...

Business

Amazon and Airbus Forge Groundbreaking Partnership for High-Speed Inflight Connectivity

Airbus and Amazon join forces to revolutionize inflight connectivity through Project Kuiper's satellite technology, promising gigabit speeds to transform passenger experiences in t...

Business

Daimler Truck Faces 8% Drop in Global Q1 Deliveries Amid Mixed Regional Performances

Daimler Truck AG reports an 8% decline in global Q1 sales for 2025, with notable decreases in Mercedes-Benz Trucks and North America units, while Trucks Asia and Daimler Buses show...